Why should I choose Indicpay payments?

Indicpay payments is India’s leading payments and API banking company. It helps 1,00,000+ businesses accept and send money and is used for multiple use cases like vendor payouts, wage payouts, bulk refunds, etc.

How to get started on Indicpay payments?

Choose the product you are interested in. You can switch to Test Environment and try out the product features and integrations using test API credentials. Once ready, you can switch to Production Environment.

How long would it take to activate my account?

Once your documents are submitted for review, account gets activated with 24 working hours. Please refer to our quick activation guide. You can also write to us at indicpay.com

How is Indicpay payment Gateway different from other payment gateways in India?

Indicpay payment Gateway offers 120+ payment modes including Pay Later, Paytm, and Cardless EMI options etc. Indicpay payment Gateway is the only payment gateway that supports instant refunds versus the industry standard of refunds in 5-7 working days - this ensures Cashfree Payments merchants are able to delight their customers while running business operations smoothly.

When you create a Payouts account, Indicpay payments creates a virtual wallet for you. You can add funds from your bank accounts to the wallet and use the funds to do payouts. You can use the Payouts dashboard to do single or bulk payouts via excel upload or integrate Payouts APIs with your product or ERP to automate bulk payouts.

GST or Goods and Services Tax is a value-added tax (VAT) that is imposed on most goods and services sold within India. It is a complex tax system, but it is important for businesses to comply with GST regulations in order to avoid penalties and fines.

One of the ways that businesses can comply with GST regulations is to verify the GST details of their suppliers and customers. This helps to ensure that the correct amount of GST is being charged and paid.

Indicpay Technologies is a leading payment gateway services provider in India. We offer a simple and easy-to-use GST verification service that helps businesses to verify the GST details of their suppliers and customers.

Benefits of using Indicpay for GST verification:

Fast and easy: Our online process is simple and straightforward. You can verify your suppliers' and customers' GST details in minutes.
Secure: We use the latest security technologies to protect your business's financial information.
Reliable: We have a proven track record of providing accurate and reliable GST verification results.

How does GST verification work with Indicpay?

To verify the GST details of a supplier or customer, you will need to collect their GST number and full name. You can then enter this information into our online GST verification portal. We will then verify the GST details with the GST Network (GSTN).

If the GST details are valid, we will return the following information:

GST status (active or inactive)
GST type (regular, composition, non-resident, etc.)
GST holder name
Business address
State of registration

If the GST details are invalid, we will return an error message.

Why is GST verification important?

GST verification is important for a number of reasons:

To comply with regulations: The GST Act requires all businesses to verify the GST details of their suppliers and customers.
To prevent fraud: GST verification helps to prevent fraud by verifying the identity of businesses and their GST registration status.
To avoid penalties and fines: Businesses that fail to verify the GST details of their suppliers and customers may be subject to penalties and fines.

How can Indicpay help your business?

Indicpay can help your business in a number of ways:

Reduce the risk of fraud: GST verification helps to reduce the risk of fraud by verifying the identity of businesses and their GST registration status.
Avoid penalties and fines: Indicpay helps you to comply with GST regulations by verifying the GST details of your suppliers and customers.
Save time and money: Indicpay's GST verification service is fast, easy, and reliable. You can verify the GST details of your suppliers and customers in minutes, without having to leave your desk.

Conclusion

GST verification is an important part of GST compliance. By verifying the GST details of your suppliers and customers, you can help to reduce the risk of fraud, avoid penalties and fines, and save time and money.

Indicpay offers a simple and easy-to-use GST verification service that helps businesses to comply with GST regulations and protect their financial interests. Sign up for a free account today and get started.